Why would this raise a problem ? The degree received by any of the UoW Validated institutions is no different to these received by students in Bangor, Swansea (yes, they do still receive UoW degrees now) and Newport, UWIC etc. that will stay within the University of Wales system. Do you think that the UoW will disappear? If this is the case why the Prince of Wales would just announce a £14 million scholarship scheme ? see http://www.wales.ac.uk/defaultpage.asp?page=E787 The journalistic speculation is interesting but it is just that. A State University with the support of the Crown will not disappear overnight just because you or BBC thinks so.